Show OUR CITY FATHERS I 1 meet and discuss important measures THE BONDING ORDINANCE PASSED FASSET after afier discussion relative to interest rate water ditches and streets bills appropriated peti bious at alie usual hour on oil the lie crenin of tin the 1 I tile the dill call to order faille mayor hailies if aines found ill all hie he members of lie council illel H in their places except colin councilman vil nho mho aft erwardi came in and was wan introduced to the alic council by bv the alie I 1 mayor there was then soine oine it i formal talk oi over er I 1 lc necessity of ip all pi inting councilman hailstone uvon upon the committees sr of hi li liis predecessor I arx bench mia A 1 ikan 11 II mi im is as bai eneks and after being read upon motion of Comici councilman linan haq paced ed its ita second reading councilman I 1 larbell arrise anil and iliade a motion that liu tin it on the bonds be pla placelia celi sit at ll il 1 per cent in tile hie present arr fail condition of till the money market rile motion is as seconded second ril ly by langton lati I 1 atoll 1 divor I 1 daiil lie could not say liow low I 1 noney money lotto lie 0 o sot e t now bit b it lie could have floated trw alie bond 4 very easily lian ahen in new deiv york about ninety laya days ao ago for 5 or cun cu n 41 per cent and iia aa confident lie cot cougil ia do so 80 now and bould have tit alie opportunity 0 f irvng jf if the lie ordin ime nm aad pawl at a 0 per cent rate it be anio sille to ti yut get the monca etione V for les bicsi if the rito rate is as made icide at 5 percent and money could coul d not lie ile obtained for that hc rote could easily he be indrea aed or a discount fiade on 11 tit ohp 0 londs bonds councillors thain and iuteri en poke in favor of tile method advised hy by the mayor for thc jhc re reasons already given councilman langton I anton save live tit lie following resi sons hy it lie had seconded tile motion to inermae inere ae c flit rate of iii leret t ilie school bonds lid had been placed on oil the market at C per cent rate and solL though lall biad 1 I elapses they had J siut ut been sold fold Int interest Inte iest elest rat es in are ili increasing cr ill all over the country H lich is I 1 I 1 1 I 1 cibil liy by tho bank of evyland 1 9 and increasing I 1 its discount rite rate to aper I 1 per cent lie he desired to ask if alic ill c bonds had been compared comp ired is etli it it og I 1 ell anil an dalt Salt lake its as conid considerable erable trouble aul been caused cities reading of the bondi bond first issued had to lc ile changed chanK Cd the anor ik or anti anil attorney rich stated the bonda bond had been drafted after the ell bunds of ogden city councilman Ilay ball again n ain spoke in ill favor of liia his motion and ami said that eliat salt halt lake had bad not yet succeeded in floating all the lie bonds which it ich had a 6 per rent cent tate rate ilo ile iia in it favor of making flit alit interest higher so eo the bondi could be floated at once so tile the cit city v could have the use of the alie moneys mon ali there re was urgent need of it in ili answer to it a question ficini mayor councilman lancion said alie he school trustees ial hall had bida hid faults stlouis claici 0 o said ami N new ew york tile mayor then aal t lie was perhaps perli api than men who had lived in lite vest aest anil and hall had been used to high interest inte iest t anil glion lil like to see sin effert et brt idaile tile t 0 float lt the boiros it at the lie 5 per cent rate ile he did not think the oi lil iong lull remain as it ii it at the alic pi dicent cent anil abat tile rate of for tile bank id if is generally froni from tt to to two to awl and one half council councilman man I 1 ington observed hint the terin of office ot the members bubl oi not last hinitch loigi longer er and it lie favored fi vorel making the inheres in teres t so io tile lie bonds would meet matli ith ready sile sale that the alie present ent council may may have an ail opportunity of ep depending ending ti alic to dicang the k the tic asniv nas mas aln licit n they came calille into olliee and ani 1 unless means veto ere fill timith tit coming they dhave no it benefit front I 1 it t at a six per cent rate salt lake lial to discount Jis Count its bonds to oba and believed logan iian mas as in ill no better condition t hall salt lake and would have great difficulty in flu floating itin the bonds tit nt een the bix bix per cent rate Counti councilinan linan T bait favored making an ail t to get the money in the leer lcy er rat rate 0 an ani and I it if not it rould could be increased one percent per cent for the t belity 3 cars wild lie an ail item of importance laid and mayor siador haines that it amounted to to tile cit city the question nueh tion ang leing called it it a ai aa A found tile motion vaa qa lost councilman Council mai I 1 ietek P oct sell abbed a 1 alue tion ic le lating to tile he optional payi bent nt of bowls tit at ten eveitts deaia and then anido it a motion that the ordinance bo be riis tisch cd cl to its thild leading tile I 1 motion to liy lay it upon the table and t hat the ile matter latter of interest lie bo referred to file finance vo ith all alliy mayor aso citte Counci lillan I 1 bonton nigton favored diakin the amount ami unit 15 OU ILter IL ben and henson fi fa bied leading us is at pie tent and councilman partington believed tile of if legall would bell better than those of tit lit lake aad be cnut of A tho lecent extravagance inco of lilies cities lie ile iia as not 1 in I avor of lUtt putting nil any any kieliter Ki eiter burden on oll tile the ell citi avns zell could be helped the last statement ht council nian lanton lang ton to ins his feet with 7 at 11 bound lie he said 1 it would ouli be it no iloie imposition than to have file bonds at six eix per cont cent as it would be impossible to float tile them ill for f li r any ally jets and if 1 if hey ev diew tit ew any ally less antei et there would be vilo viloula enough ull discount dib count to fully make inake ail up tile lee councilman favored fir ored Incle abing the amount of the bondi mayor abor elated unit i of tb alie an tile lie city ones h not due til ti 11 ll I 1 aia is at eight per cent inter efcy and need loot be paid until ti then tell un lilt lesa leb so de pirly L councilman clinin favored fir ored keeping the amount as aa it la W and 1111 1 belie believed the bonds could cougil lie ile its as easily cagily handled 11 tit nt live five as 38 itsik per cent nt m it would leave root room I 1 for broderic brok eric c rile vole was thell t J the ion is wa as alost loist cau councilor thain wade aution the ordinance be ani ed and lc be ill ili cordi tiance of logan I 1 city and HO ail usual carried aln aliz battle alin Il lilile motion tol iio itNe matter ral to td coals ti littee ith to if birrer mary work done and taken to lait float tin the lioi bolli loo approved A read front roin co fur fr remittance remit t nf of it 11 portion of auctioneer license paid ineil fur for us its tile aliey only did s a 11 synill portion of alio kiino loor they hai paid KI after acome for and lw flit ll 11 litell tc e I Inot ionell to allow tin in tile otine mine mateel all pt is aich is iter IR iny 1111 1 rei rvinia it bal olee 1 nf f carrie Cir 21 petition sit ixil by illo nuwt at r the le onlin it ig fi lizenA af tile 1 toti 1 king tilt vollney bouncil H to purt bill I 1 ine und alpi it i increase the ellie of tin tile fire atia icet cilia lerAble sh talk foll followed mett in loo anit loot t of nf the nien iberti took pirt and it aa M finally decided to lefer tile neatter to tin the oil n tile department ith inA ruction for atheni it tn certain tin the best kind of engine tu to e an it all libation in for ren renei cal 1 of it lican ene c trout A k 1 I 1 jonea tom MIH lan ted A petition froin till alm vitrell ci livin 4 livins living oil fir lirt t street be beleen teen 11 II r 1 I also reve received ived favorably favor ablo attention the cooil ut ol the sealer of 0 beig I 1 I 1 t 4 and measures nat ril read and A corrected rears frum front the city poun maid 1 keeper aa MS read a I 1 ail ie ferrol to binl reorder r tn tit lie audited iii an ordinance ie tile wis lead ic iid 1111 binm lention ot of councilman 1 intoci nun its re tit ti engrossing Engi alp printing fon com lie A boltie 41 from leibson vilon mid and hill to lie li 11 to front from bisen jent upon was lana ton calicia attention to tin tile permission given joel ricks to el fronie frame buildings Ns liichi aich lii cli masto as to is it it brick by the firt of 0 june ind and niale to refer the nutter matter to 0 o comi nitle c on oil fire t I 1 carrico corned Ctr ned councilman ll llanten anwen trod Lell tile ard lee of sonic liode standing in illation to ti ditch cleat aing Js t the tie pity city compelled to clean I 1 lite i les in front of private priva property or compel the I 1 i ners to do it referred too tn tin tile attorney A 1 rc front from rice Di others for reduction reductio ii of circus license waa as read anil after some ion and a 11 motion to tt lucli waa acott nas MIS not granted grant cil ail aal the circus alet lot ill 1111 11 liivi 11 Q to pay jiam the full license the fol loNio ing bills iia ecru cre lien licit alica al loul ell A eliason for ork on oil street 22 07 09 j d W V lumin for ork on oil streets ts ill 87 diiro bros banking co raj I 1 J 10 Cha chatiner tiney west tor lor driving cattle air streets 20 2000 0 electric Klec light expenses 1 0 Z C M 1 for MISO poelee SU for repair ing boots 2 ai I 1 co fr adver er ti aint sale of lands 37 50 1 I 11 II ac 1 KI ed i lesis lin burying car aw t AM NIMitZ it A CU co license refunded 12 2 50 A it motion for adjournment is taa as then pl sed |